OM:SKF BMachinery
A Look At SKF’s (OM:SKF B) Valuation As It Reshapes Its Americas Manufacturing Footprint
Why SKF’s plant consolidation matters for OM:SKF B shareholders
AB SKF (OM:SKF B) is reshaping its Americas manufacturing footprint after deciding to separate its Automotive business. The company is closing its shared Monterrey, Mexico, plant and shifting production to Puebla and La Silla.
See our latest analysis for AB SKF.
SKF’s latest consolidation announcement comes after a choppy period for the shares, with a 7.2% 1 month share price return but a year to date decline of 3.6%. Meanwhile,...